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HomeDaily NewsFriday, May 22, 2026Ruto Promises Minimum Fare Rules for Ride-Hailing Taxis Amid Fuel Crisis - May 2026
Business & Economy4 stories from 2 sources

Ruto Promises Minimum Fare Rules for Ride-Hailing Taxis Amid Fuel Crisis - May 2026

President William Ruto has promised urgent implementation of minimum fare rules for ride-hailing taxis like Uber and Bolt to protect operators from the current fuel crisis. Following this directive, ride-hailing users in Kenya will soon face higher fares due to the minimum fare regulations. At the same time, Kenya Power has generated Sh382 million in revenue from electric vehicle charging infrastructure in less than three years, showing rapid growth in the EV sector. Additionally, agricultural experts, lenders, and corporate executives are urging increased investment in rural logistics and transport systems across Africa, highlighting that inadequate infrastructure hinders smallholder farmers from accessing profitable markets.

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Friday 10:03 AMCapital Business

Ruto promises urgent minimum fare rules for ride-hailing taxis amid fuel crisis

Ruto promises urgent minimum fare rules for ride-hailing taxis amid fuel crisis

President William Ruto has promised the urgent implementation of minimum fare rules for ride-hailing taxis to protect operators from the current fuel crisis.

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Key Highlights

President William Ruto has promised the urgent implementation of minimum fare rules for ride-hailing taxis to protect operators from the current fuel crisis.

  • Nairobi, Kenya - May 22
  • President William Ruto directed the Ministry of Transport and the National Transport and Safety Authority (NTSA) to act.
  • This announcement follows a nationwide matatu strike protesting soaring fuel prices and comes with an additional Sh10 reduction in diesel prices for the June–July cycle.
Friday 7:53 AMCapital Business

Africa urged to fix logistics gaps to unlock markets for smallholder farmers

Africa urged to fix logistics gaps to unlock markets for smallholder farmers

Agricultural experts, lenders, and corporate executives are urging increased investment in rural logistics and transport systems across Africa, highlighting that inadequate infrastructure hinders smallholder farmers from accessing profitable markets.

Read Story

Key Highlights

Agricultural experts, lenders, and corporate executives are urging increased investment in rural logistics and transport systems across Africa, highlighting that inadequate infrastructure hinders smallholder farmers from accessing profitable markets.

  • Up to 80 percent of food production in sub-Saharan Africa comes from smallholder farmers, yet nearly 40 percent of harvests are lost due to poor logistics.
  • Key figures like Max Müller (Global Head of Public Affairs at Bayer) and Hajar Alafifi (CEO of OCP Africa) emphasized the need to address the "midstream" agricultural challenge of movement, storage, and distribution.
  • Discussions at the 2026 Africa CEO Forum 2026 in Kigali focused on how improved infrastructure and integrated value chains, including intra-African trade, can connect farmers to markets.
Thursday 6:02 PMNation BusinessFirst

Kenya Power earns Sh382m from EV charging infrastructure

Kenya Power earns Sh382m from EV charging infrastructure

Kenya Power has generated Sh382 million in revenue from electric vehicle (EV) charging infrastructure in less than three years, demonstrating rapid growth in this emerging sector.

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Key Highlights

Kenya Power has generated Sh382 million in revenue from electric vehicle (EV) charging infrastructure in less than three years, demonstrating rapid growth in this emerging sector.

  • Monthly EV charging earnings have surged from approximately Sh873,907 in July 2023 to a peak of Sh35 million in February 2026.
  • This significant revenue stream is attributed to a specialized EV charging tariff developed with the Energy and Petroleum Regulatory Authority (EPRA), offering affordable off-peak rates.
  • Nairobi accounts for 71 per cent of the revenue, but adoption is expanding nationwide, highlighting the increasing mainstream reality of EV adoption in Kenya.
Friday 6:02 PMNation Business

Ride-hailing users to pay more as Ruto orders minimum Uber, Bolt fares

Ride-hailing users to pay more as Ruto orders minimum Uber, Bolt fares

Ride-hailing users in Kenya will soon face higher fares following a directive from President William Ruto to implement minimum fare regulations for platforms like Uber and Bolt.

Read Story

Key Highlights

Ride-hailing users in Kenya will soon face higher fares following a directive from President William Ruto to implement minimum fare regulations for platforms like Uber and Bolt.

  • The National Transport and Safety Authority (NTSA) is tasked with implementing the regulations.
  • The move aims to cushion transport operators from escalating operating costs, particularly rising fuel prices.
  • The directive follows pressure from drivers and matatu operators concerned about shrinking earnings due to fare competition and increased expenses.
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